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February 6, 2008 Whitten's Market Comments:
The market for residential land is soft. Until we absorb the lots that are on the ground there will not be any new developments occuring. The market for multi-family land is hot. Retail land is hot in select areas but soft in most areas of D/FW. The Metroplex needs to continue to produce jobs and North Texas will continue to thrive. I hope I am wrong but 2008 may be a challenge. |
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